When major media outlets need the perspective of a personal finance expert, they call Howard.
By: Declan Gallagher | Source: Men’s Journal
“Couples will talk about everything from where to live to how many kids to have—but too many still avoid talking about money,” “When credit card debt goes unaddressed, it doesn’t just strain a budget—it strains a marriage. Our survey shows younger generations are paying the highest price for staying silent.”
By: Gina Freeman | Source: U.S. News and World Report
“‘Learn about the government program the government doesn’t want you to know about!’ Why would the government create a program to help people and then keep it a secret? Avoid companies making such outlandish promises,”
By: Natalie Campisi | Source: Forbes
“Lenders are jittery people. They live with the constant worry that their customers won’t pay them back,” says Howard Dvorkin, certified public accountant (CPA) and chairperson of Debt.com
By: Gabrielle Olya | Source: GOBankingRates
“The internet is a great tool to find information — the problem is most people don’t know how to use the tool correctly when it comes to financial advice,”
By: Max Klaver | Source: Miami Herald
“A lot has to do with image,” he said, observing that South Floridians tend to “like fancy cars,” even if their checking accounts are dwindling.
By: Expert Panel, Forbes Finance Council | Source: Forbes
When you’re not feeling well and you go to the doctor, the first question is, “Where does it hurt?” The same thing happens with your debt. There’s no one cure for debt, so you need to study your budget—or create one if you haven’t already. If debt is stressing you out, consult a nonprofit credit counseling agency or a debt-solutions company. Both can diagnose the problem and recommend solutions.
By: Aly J Yale | Source: Money Watch
“What most people don’t realize is that it can cost thousands of dollars to go bankrupt,” says Howard Dvorkin, chairman of Debt.com. “It’s a court proceeding, and you need to hire a lawyer and pay filing fees.”
By: Gina Freeman | Source: U.S. News and World Report
“Of course, I’m asked all the time: ‘Why would my issuer agree to give me such a big break?’ The answer is simple. They don’t want you defaulting,” says Debt.com chairman Howard Dvorkin. “Then again, they don’t want you taking advantage of them. So, they work with nonprofit credit counseling agencies they trust.”
By: Gina Freeman | Source: U.S. News and World Report
“Hardship programs are best for cardholders who usually make timely payments but have suffered a one-time setback,” says Howard Dvorkin, chairman at debt solutions company Debt.com and a certified public accountant. “That could be an accident, illness or medical emergency that disrupts their otherwise solid finances. Short-term relief can give them enough time to get back on their feet.”
By: Cassidy Horton | Source: AOL
“Nearly two-thirds of your credit score is determined by just two factors: payment history and how much you owe,” says Howard Dvorkin, CPA and chairman of Debt.com.
By: Gabriel Vito | Source: GOBankingRates
“The problem is when you have bad credit, you’re not getting that super-low 8 to 10% interest rate,” said Howard Dvorkin, chairman of Debt.com. “In extreme cases, you might not save a dime, because the personal loan might actually charge more than the interest on your existing credit cards.”
By: Aly Yale | Source: Money Watch
“A counselor gives you an in-depth debt analysis over the phone,” says Howard Dvorkin, chairman of Debt.com. “There’s no obligation, and you hang up knowing all your options and — most importantly — creating an accurate monthly budget.”